Published: Wed, April 19, 2017
Money | By Oscar Reynolds

Price Target Analysis Petroleo Brasileiro S.A. - Petrobras (PBR-A)


The share price is trading in a range of $9.24 - 9.70. The company's stock had a trading volume of 16,982,273 shares. The analysts offering Earnings Estimates for the company were believing that Petroleo Brasileiro S.A. - Petrobras (PBR) could bring EPS of $0.13/share. The current share price indicate that stock is -26.27% away from its one year high and is moving 69.91% ahead of its 52-week low.

Petroleo Brasileiro S.A. - Petrobras (PBR) has a mean recommendation of 2.69, according to data compiled by Zacks Investment Research. The company has dropped -0.80% in past 3 months and in the last five trades has moved up 3.54%. The stock now shows its YTD (Year to Date) performance of -6.63 percent while its Weekly performance value is -3.28%. The company has a 50-day moving average of $9.62 and a 200-day moving average of $10.38. For the Current Quarter, 9 analysts are projecting the mean EPS to be $-0.05/share. They now have a Dollars 12.3 price target on the stock. The relative volume of the stock is 1.29, while its market cap is $62.06 Billion. The average volume stands around 20.05 million shares.

02/13/2017 - Petroleo Brasileiro S.A. - Petrobras was upgraded to " by analysts at JP Morgan. Consensus earnings estimates are far from ideal, but they are watched by many investors and play an important role in measuring the appropriate valuation for a stock. Creative Planning now owns 18,717 shares of the oil and gas exploration company's stock valued at $175,000 after buying an additional 335 shares during the period. Finally, Barclays PLC reissued an "underweight" rating and issued a $11.00 price target on shares of Petroleo Brasileiro SA Petrobras in a research note on Wednesday, February 1st. This showed the surprise of 7.7% in the last quarter earnings. Its segments include Exploration and Production, which covers the activities of exploration, development and production of crude oil, natural gas liquid and natural gas; Refining, Transportation and Marketing, which covers the refining, logistics, transport and trading of crude oil and oil products activities, exporting of ethanol, and extraction and processing of shale; Gas and Power, which is engaged in transportation and trading of natural gas produced in Brazil and imported natural gas; Biofuels, which covers the activities of production of biodiesel and its co-products, and ethanol-related activities; Distribution, which includes the activities of its subsidiary Petrobras Distribuidora S.A., and Corporate. The high and low revenue estimates for the current quarter are $100.81 Billion and $22.01 Billion, respectively. By reviewing stock prices from the stock market history of the company and examining its analysts ratings can give an investment picture with updated information of stock which helps investors to make investing decision.

During last one month it showed the change of 2.72%.

Nucor Corporation (NYSE:NUE) was trading -14.82% below its 52-week high and +30.26% above its 52-week low.

A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company.

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